Vault-13

SPDR INDEX SHS FDS CWI

MSCI ACWI EXUS · ETP · CUSIP 78463X848

246 institutional holders +9 vs Q2 2025
47,004,98347.0m shares reported held*
$1.7bnreported value*
19 new 62 added 75 reduced 7 sold out net bought ≈ $113.8m (+3.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($272.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.18.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 181Q4 22: 194Q1 23: 199Q2 23: 195Q3 23: 200Q4 23: 206Q1 24: 207Q2 24: 210Q3 24: 210Q4 24: 225Q1 25: 225Q2 25: 237Q3 25: 246246Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022181
Q4 2022194
Q1 2023199
Q2 2023195
Q3 2023200
Q4 2023206
Q1 2024207
Q2 2024210
Q3 2024210
Q4 2024225
Q1 2025225
Q2 2025237
Q3 2025246

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 23: 86 bought or addedQ4 23: 86 cut or sold outQ1 24: 70 bought or addedQ1 24: 94 cut or sold outQ1 24Q2 24: 80 bought or addedQ2 24: 80 cut or sold outQ3 24: 62 bought or addedQ3 24: 94 cut or sold outQ3 24Q4 24: 87 bought or addedQ4 24: 87 cut or sold outQ1 25: 84 bought or addedQ1 25: 100 cut or sold outQ1 25Q2 25: 101 bought or addedQ2 25: 96 cut or sold outQ3 25: 81 bought or addedQ3 25: 82 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20238686
Q1 20247094
Q2 20248080
Q3 20246294
Q4 20248787
Q1 202584100
Q2 202510196
Q3 20258182

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5mQ4 24 calls: $1.2mQ4 24 puts: $1.3mQ4 24P/C 1.11Q1 25 calls: $1.0mQ1 25 puts: $331.3kQ1 25P/C 0.33Q2 25 calls: $398.5kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$1.2m$1.3m1.11
Q1 2025$1.0m$331.3k0.33
Q2 2025$398.5k$00.00
Q3 2025$0$0—

Biggest buyers

Merit Financial Group, LLC Added +2,519,140+2.5m
BANK OF AMERICA CORP /DE/ Added +342,683+342.7k
3EDGE Asset Management, LP Added +295,180+295.2k
JPMORGAN CHASE & CO Added +198,146+198.1k
PNC Financial Services Group, Inc. Added +190,995+191.0k
JANE STREET GROUP, LLC New +105,576+105.6k
Cambridge Investment Research Advisors, Inc. Added +97,558+97.6k
CITADEL ADVISORS LLC Added +78,069+78.1k
Private Advisor Group, LLC Added +74,851+74.9k
TRUIST FINANCIAL CORP Added +74,304+74.3k

Biggest sellers

Atlas Private Wealth Advisors Reduced -271,866-271.9k
Clal Insurance Enterprises Holdings Ltd Reduced -265,325-265.3k
Mach-1 Financial Group, LLC Sold out -246,902-246.9k
Thrivent Financial for Lutherans Sold out -96,076-96.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -62,431-62.4k
Rockefeller Capital Management L.P. Reduced -51,953-52.0k
PITCAIRN CO Reduced -50,107-50.1k
ARCADIA INVESTMENT ADVISORS LLC Reduced -50,077-50.1k
ROYAL BANK OF CANADA Reduced -29,625-29.6k
Avantax Planning Partners, Inc. Reduced -28,313-28.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
PNC FINANCIAL SERVICES GROUP, INC. 13G · institution filed 2025-02-07 6.3% 3.6m≈ $146.0m 2025-02-07

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,197,8478.2m $286.3m $286.3m 0.02% Added +342.7k +342,683
2 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 4,039,1244.0m $141.0m $141.0m 0.09% Added +191.0k +190,995
3 Merit Financial Group, LLC 0.90% of their portfolio ALPHARETTA, GA 2,795,5822.8m $97.6m $97.6m 0.90% Added +2.5m +2,519,140
4 Avantax Planning Partners, Inc. 2.37% of their portfolio DUBUQUE, IA 2,366,0182.4m $82.6m $82.6m 2.37% Reduced -28.3k -28,313
5 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 1,721,0311.7m $60.1m $60.1m 0.07% Added +68.5k +68,484
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,537,0701.5m $53.7m $53.7m 0.02% Added +72.0k +71,982
7 GLOBALT Investments LLC / GA 1.81% of their portfolio Atlanta, GA 1,416,3561.4m $49.5m $49.5m 1.81% Reduced -23.1k -23,065
8 HENGEHOLD CAPITAL MANAGEMENT LLC 3.45% of their portfolio CINCINNATI, OH 1,156,9501.2m $40.4m $40.4m 3.45% Added +16.2k +16,159
9 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.62% of their portfolio MINNEAPOLIS, MN 1,129,6981.1m $39.4m $39.4m 0.62% Reduced -18.3k -18,344
10 LODESTAR PRIVATE ASSET MANAGEMENT LLC 2.91% of their portfolio ALAMO, CA 798,909798.9k $27.9m $27.9m 2.91% Added +13.7k +13,747
11 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 760,907760.9k $26.6m $26.6m 0.04% Added +74.3k +74,304
12 3EDGE Asset Management, LP 1.47% of their portfolio Naples, FL 751,606751.6k $26.1m $26.1m 1.47% Added +295.2k +295,180
13 PITCAIRN CO 1.91% of their portfolio CONSHOHOCKEN, PA 692,048692.0k $24.2m $24.2m 1.91% Reduced -50.1k -50,107
14 Forvis Mazars Wealth Advisors, LLC 0.47% of their portfolio Springfield, MO 684,546684.5k $23.9m $23.9m 0.47% Reduced -21.9k -21,898
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 642,542642.5k $22.4m $22.4m 0.01% Added +24.9k +24,947
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 624,222624.2k $21.8m $21.8m 0.00% Added +12.0k +12,036
17 Jacobi Capital Management LLC 1.24% of their portfolio PITTSTON, PA 581,767581.8k $20.3m $20.3m 1.24% Reduced -2.3k -2,306
18 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 560,445560.4k $19.6m $19.6m 0.10% Added +74.9k +74,851
19 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.42% of their portfolio LOS ANGELES, CA 558,116558.1k $19.5m $19.5m 0.42% Reduced -10.4k -10,381
20 Clal Insurance Enterprises Holdings Ltd 0.14% of their portfolio Tel-aviv, L3 516,099516.1k $18.0m $18.0m 0.14% Reduced -265.3k -265,325
21 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 507,424507.4k $17.9m $17.9m 0.03% Reduced -62.4k -62,431
22 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 491,320491.3k $17.2m $17.2m 0.05% Added +32.8k +32,800
23 Wealth Alliance Advisory Group, LLC 3.02% of their portfolio Wichita, KS 479,576479.6k $16.7m $16.7m 3.02% Added +4.1k +4,135
24 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 0.77% of their portfolio ROCHESTER, NY 456,230456.2k $15.9m $15.9m 0.77% Reduced -8.1k -8,057
25 Wilmington Savings Fund Society, FSB 0.36% of their portfolio WILMINGTON, DE 430,680430.7k $15.0m $15.0m 0.36% Unchanged
26 Focus Partners Advisor Solutions, LLC 0.17% of their portfolio SAINT LOUIS, MO 417,209417.2k $14.6m $14.6m 0.17% Reduced -7.8k -7,818
27 Gerber Kawasaki Wealth & Investment Management 0.49% of their portfolio SANTA MONICA, CA 412,244412.2k $14.4m $14.4m 0.49% Added +25.6k +25,571
28 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 405,839405.8k $14.2m $14.2m 0.02% Reduced -15.7k -15,650
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 402,056402.1k $14.0m $14.0m 0.00% Added +198.1k +198,146
30 Sequoia Financial Advisors, LLC 0.08% of their portfolio Akron, OH 373,502373.5k $13.0m $13.0m 0.08% Reduced -2.8k -2,848
31 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 349,340349.3k $12.2m $12.2m 0.06% Added +5.9k +5,949
32 HUNTINGTON NATIONAL BANK 0.07% of their portfolio COLUMBUS, OH 344,483344.5k $12.0m $12.0m 0.07% Reduced -6.2k -6,234
33 Mill Creek Capital Advisors, LLC 0.24% of their portfolio Conshohocken, PA 340,260340.3k $11.9m $11.9m 0.24% Unchanged
34 ARCADIA INVESTMENT ADVISORS LLC 5.58% of their portfolio EAGLE, ID 328,838328.8k $11.5m $11.5m 5.58% Reduced -50.1k -50,077
35 HANTZ FINANCIAL SERVICES, INC. 0.16% of their portfolio SOUTHFIELD, MI 311,379311.4k $10.9m $10.9m 0.16% Added +3.4k +3,386
36 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 301,912301.9k $10.5m $10.5m 0.11% Added +26.8k +26,848
37 IAG Wealth Partners, LLC 1.21% of their portfolio WAUKESHA, WI 287,338287.3k $10.0m $10.0m 1.21% Reduced -14.9k -14,936
38 Atlas Private Wealth Advisors 2.40% of their portfolio RED BANK, NJ 280,271280.3k $9.8m $9.8m 2.40% Reduced -271.9k -271,866
39 WHITTIER TRUST CO 0.11% of their portfolio SOUTH PASADENA, CA 263,653263.7k $9.4m $9.4m 0.11% Reduced -1.4k -1,438
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 252,876252.9k $8.8m $8.8m 0.00% Added +396 +396
41 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 251,263251.3k $8.8m $8.8m 0.00% Added +24.9k +24,868
42 Friday Financial 3.48% of their portfolio DUBUQUE, IA 237,758237.8k $8.3m $8.3m 3.48% Unchanged
43 Portus Wealth Advisors, LLC 8.11% of their portfolio CHARLOTTE, NC 232,762232.8k $8.1m $8.1m 8.11% First filing
44 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 224,202224.2k $7.8m $7.8m 0.00% Reduced -276 -276
45 NISA INVESTMENT ADVISORS, LLC 0.03% of their portfolio ST. LOUIS, MO 199,000199.0k $6.9m $6.9m 0.03% Unchanged
46 Courage Miller Partners, LLC 2.04% of their portfolio NORFOLK, VA 195,074195.1k $6.8m $6.8m 2.04% Reduced -5.3k -5,292
47 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 194,343194.3k $6.8m $6.8m 0.02% Added +97.6k +97,558
48 TOBIAS FINANCIAL ADVISORS, INC. 1.01% of their portfolio Plantation, FL 190,908190.9k $6.7m $6.7m 1.01% Reduced -796 -796
49 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 189,484189.5k $6.6m $6.6m 0.01% Reduced -15.9k -15,909
50 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 184,395184.4k $6.4m $6.4m 0.00% Added +10.0k +9,969
51 VestGen Advisors, LLC 0.21% of their portfolio CHICAGO, IL 183,867183.9k $6.4m $6.4m 0.21% Reduced -2.0k -2,024
52 Brady Martz Wealth Solutions, LLC 1.13% of their portfolio GRAND FORKS, ND 178,844178.8k $6.2m $6.2m 1.13% Reduced -7.8k -7,796
53 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 169,171169.2k $5.9m $5.9m 0.00% Reduced -3.6k -3,588
54 CVFG LLC 4.26% of their portfolio SHELBYVILLE, IN 168,801168.8k $5.9m $5.9m 4.26% Added +6.0k +6,004
55 Sterling Group Wealth Management, LLC 2.78% of their portfolio PASADENA, CA 160,981161.0k $5.6m $5.6m 2.78% Added +6.1k +6,127
56 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 159,354159.4k $5.6m $5.6m 0.01% Reduced -6.4k -6,424
57 Clearstead Advisors, LLC 0.08% of their portfolio CLEVELAND, OH 157,293157.3k $5.5m $5.5m 0.08% Unchanged
58 Mariner, LLC 0.01% of their portfolio Overland Park, KS 156,972157.0k $5.5m $5.5m 0.01% Added +1.5k +1,519
59 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 146,411146.4k $5.1m $5.1m 0.07% Added +3.2k +3,172
60 Opal Wealth Advisors, LLC 1.41% of their portfolio JERICHO, NY 145,131145.1k $5.1m $5.1m 1.41% Added +7.2k +7,210
61 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 137,048137.0k $4.8m $4.8m 0.01% Reduced -13.5k -13,503
62 Walkner Condon Financial Advisors LLC 0.76% of their portfolio MADISON, WI 136,585136.6k $4.8m $4.8m 0.76% Unchanged
63 CWC Advisors, LLC. 2.32% of their portfolio LAKE OSWEGO, OR 135,415135.4k $4.7m $4.7m 2.32% Added +2.7k +2,667
64 Montecito Bank & Trust 0.70% of their portfolio SANTA BARBARA, CA 128,282128.3k $4.5m $4.5m 0.70% First filing
65 Midwest Trust Co 0.06% of their portfolio Overland Park, KS 124,186124.2k $4.3m $4.3m 0.06% Reduced -931 -931
66 Savant Capital, LLC 0.03% of their portfolio ROCKFORD, IL 123,298123.3k $4.3m $4.3m 0.03% Reduced -2.7k -2,653
67 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 118,196118.2k $4.0m $4.0m 0.01% Added +16.2k +16,213
68 TIEMANN INVESTMENT ADVISORS, LLC 1.47% of their portfolio MENLO PARK, CA 110,242110.2k $3.8m $3.8m 1.47% Reduced -636 -636
69 Capital Investment Advisors, LLC 0.06% of their portfolio ATLANTA, GA 109,220109.2k $3.8m $3.8m 0.06% Reduced -4.3k -4,340
70 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 105,576105.6k $3.7m $3.7m 0.00% New
71 NOVEM GROUP 0.43% of their portfolio Rochester, NY 104,126104.1k $3.6m $3.6m 0.43% Reduced -2.2k -2,194
72 TD PRIVATE CLIENT WEALTH LLC 0.08% of their portfolio NEW YORK, NY 100,030100.0k $3.5m $3.5m 0.08% Added +7.3k +7,311
73 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 92,74592.7k $3.2m $3.2m 0.00% Added +78.1k +78,069
74 Focus Financial Network, Inc. 0.11% of their portfolio MINNEAPOLIS, MN 91,31591.3k $3.2m $3.2m 0.11% Reduced -357 -357
75 EASTERN BANK 0.06% of their portfolio BOSTON, MA 90,56790.6k $3.2m $3.2m 0.06% Reduced -5.2k -5,236
76 BTC Capital Management, Inc. 0.22% of their portfolio DES MOINES, IA 89,58689.6k $3.1m $3.1m 0.22% Unchanged
77 Mutual Advisors, LLC 0.07% of their portfolio OMAHA, NE 89,03689.0k $3.2m $3.2m 0.07% Added +5.4k +5,387
78 SYNOVUS FINANCIAL CORP 0.03% of their portfolio Columbus, GA 84,88084.9k $3.0m $3.0m 0.03% Reduced -755 -755
79 Freestone Capital Holdings, LLC 0.09% of their portfolio Seattle, WA 81,04181.0k $2.8m $2.8m 0.09% Added +1.3k +1,330
80 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 79,48179.5k $2.8m $2.8m 0.00% Reduced -6.4k -6,434
81 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 79,46779.5k $2.8m $2.8m 0.00% Added +33.7k +33,702
82 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 76,79776.8k $2.7m $2.7m 0.02% Reduced -1.7k -1,726
83 MERIDIAN INVESTMENT COUNSEL INC. 0.62% of their portfolio LAFAYETTE, CA 72,03972.0k $2.5m $2.5m 0.62% Unchanged
84 HHM Wealth Advisors, LLC 0.28% of their portfolio CHATTANOOGA, TN 69,69969.7k $2.4m $2.4m 0.28% Reduced -3.1k -3,080
85 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 67,28767.3k $2.3m $2.3m 0.02% Reduced -1.7k -1,719
86 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 61,92061.9k $2.2m $2.2m 0.01% Added +9.6k +9,639
87 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 60,55160.6k $2.1m $2.1m 0.00% Reduced -43 -43
88 FIRST AMERICAN TRUST, FSB 0.14% of their portfolio SANTA ANA, CA 55,25855.3k $1.9m $1.9m 0.14% Added +404 +404
89 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 51,60751.6k $1.8m $1.8m 0.00% Reduced -52.0k -51,953
90 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 50,00050.0k $1.7m $1.7m 0.00% New
91 MONOGRAPH WEALTH ADVISORS, LLC 0.18% of their portfolio MANHATTAN BEACH, CA 49,66549.7k $1.7m $1.7m 0.18% Unchanged
92 NICOLET BANKSHARES INC 0.27% of their portfolio GREEN BAY, WI 47,92847.9k $1.7m $1.7m 0.27% New
93 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 47,12747.1k $1.6m $1.6m 0.00% Reduced -270 -270
94 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 45,92545.9k $1.6m $1.6m 0.00% Reduced -60 -60
95 BAILARD, INC. 0.03% of their portfolio Foster City, CA 44,25644.3k $1.5m $1.5m 0.03% Unchanged
96 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 43,77243.8k $1.5m $1.5m 0.01% Added +18.8k +18,791
97 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 39,12539.1k $1.4m $1.4m 0.00% Added +4.9k +4,857
98 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 38,68938.7k $1.4m $1.4m 0.00% Added +814 +814
99 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 37,96138.0k $1.3m $1.3m 0.02% Reduced -74 -74
100 Laraway Financial Advisors Inc 0.90% of their portfolio SAINT CLOUD, MN 37,91637.9k $1.3m $1.3m 0.90% Reduced -75 -75